Filed May 17, 2023 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
MINNESOTA LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $3,315 |
Annual investment return is in the bottom quintile of the peer cohort.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $61,306 | $79,523-22.9% | $140,019-56.2% | $56,289+8.9% |
| Participation rate | 88.2% | 85.7%+2.5pp | 87.5%+0.7pp | 69.9%+18.4pp |
| Annual return | -7.65% | 2.39%-10.0pp | 651.17%-658.8pp | -9.96%+2.3pp |
| Employer contribution / active EE | $4,405 | $3,350+31.5% | $5,605-21.4% | $2,111+108.6% |
| Participant deferral / active EE | $3,201 | $5,129-37.6% | $6,927-53.8% | $3,350-4.4% |
| Admin fee / account holder | $24 | $614-96.0% | $10,705-99.8% | $521-95.3% |